Gold Quote by Edmund Moy
“When gold prices start to go beyond the reach of small investors, they resort to silver.”
About This Quote
When gold becomes inaccessible to small investors, they shift to silver as an alternative investment.
In simple terms: Gold price rise pushes small investors to silver.
Consider alternative assets.
Themes
Mood
Type
When to use this quote
- personal finance
- investment strategy
- economic education
Key Concepts
Questions to Reflect On
- How do you assess alternative assets?
- What risks accompany shifting investments?
Silver may also become unaffordable; diversification needed.